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111 JORDAN Ave

arcadia, FL 34266

US$6,500,000

    Interested? Let's Connect

    A rare opportunity to acquire JB Arcadia Apartments, a 24-unit multifamily investment property located in DeSoto County, Florida, one of the state's most productive agricultural regions. Originally developed as traditional apartments, the current ownership strategically transitioned the property to H-2A agricultural workforce housing to capitalize on the area's growing demand and significantly increase income potential. This proven operational model offers investors the flexibility of an established multifamily asset with the upside of specialized workforce housing. The property consists of 24 units across seven buildings on two parcels, offering a mix of 2, 3, and 4-bedroom floor plans. The buildings have been extensively rebuilt and are designed for durability, operational efficiency, and reduced maintenance costs. Unlike many rural workforce housing properties, JB Arcadia Apartments benefits from city water and sewer, providing dependable infrastructure while eliminating the maintenance concerns associated with septic systems. Located in DeSoto County, the property serves one of Florida's most active agricultural corridors, where growers and farm labor contractors continue to seek quality H-2A housing. With limited inventory of compliant workforce housing available, this represents a compelling investment opportunity. Ideal for H-2A housing operators, Workforce housing investors, Agricultural employers, Commercial multifamily investors, 1031 Exchange buyers. Seller financing may be available to qualified buyers with acceptable terms.

    Details

    29,352 Sq Ft

    2.1 Private Acres Lot Size

    commercial

    US$740 Monthly Tax

    Built in 1970

    MLS/Listing ID N6143959

    24 Units

    Amenities & Features

    Lot - Wooded

    Heating - Electric

    Block

    Slab

    Lot - City Lot

    Parking - Common

    Parking - Ground Level

    Membrane

    Shingle

    Public Sewer

    Public Water

    Refrigerator

    Construction - Stucco

    Construction - Concrete

    Construction - Block

    Cooling - Central Air

    Concrete

    Estimate my mortgage

    TOTAL MONTHLY COST

    US$0

    • PRINCIPAL & INTEREST

      US$0

    • PROPERTY TAXES

      US$0

    • Common Charges

      US$0

    HOME PRICE
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    TERM
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    Interested In 111 JORDAN Ave?

    NJMLS

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